XML 60 R38.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Derivative Instruments and Hedging Activities (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Interest Rate And Cross Currency Derivatives By Type Table | The following table presents the Company’s maximum notional (in millions) over the remaining contractual period by type of derivative as of September 30, 2018, regardless of whether they are in qualifying cash flow hedging relationships, and the dates through which the maturities for each type of derivative range:
Derivatives |  | Maximum Notional Translated to USD |  | Latest Maturity
Interest rate (LIBOR and EURIBOR) |  | $ | 4,499 |  |  | 2042
Cross-currency swaps (Chilean Unidad de Fomento and Chilean peso) |  | 376 |  |  | 2029
Foreign Currency: |  |  |  |
Argentine peso |  | 73 |  |  | 2026
Chilean peso |  | 334 |  |  | 2021
Colombian peso |  | 163 |  |  | 2020
Brazilian real |  | 80 |  |  | 2019
Others, primarily with weighted average remaining maturities of a year or less |  | 246 |  |  | 2021
Derivative Assets Liabilities At Fair Value Net By Balance Sheet Classification And Type Table | The following tables present the fair value of assets and liabilities related to the Company’s derivative instruments as of September 30, 2018 and December 31, 2017 (in millions):
Fair Value | September 30, 2018 |  | December 31, 2017
Assets | Designated |  | Not Designated |  | Total |  | Designated |  | Not Designated |  | Total
Interest rate derivatives | $ | 68 |  |  | $ | 2 |  |  | $ | 70 |  |  | $ | 15 |  |  | $ | — |  |  | $ | 15 |
Cross-currency derivatives | 26 |  |  | — |  |  | 26 |  |  | 29 |  |  | — |  |  | 29 |
Foreign currency derivatives | — |  |  | 243 |  |  | 243 |  |  | 8 |  |  | 261 |  |  | 269 |
Commodity derivatives | — |  |  | 17 |  |  | 17 |  |  | 5 |  |  | 30 |  |  | 35 |
Total assets | $ | 94 |  |  | $ | 262 |  |  | $ | 356 |  |  | $ | 57 |  |  | $ | 291 |  |  | $ | 348 |
Liabilities |  |  |  |  |  |  |  |  |  |  |
Interest rate derivatives | $ | 159 |  |  | $ | 2 |  |  | $ | 161 |  |  | $ | 125 |  |  | $ | 137 |  |  | $ | 262 |
Cross-currency derivatives | 2 |  |  | — |  |  | 2 |  |  | 3 |  |  | — |  |  | 3 |
Foreign currency derivatives | 29 |  |  | 25 |  |  | 54 |  |  | 1 |  |  | 29 |  |  | 30 |
Commodity derivatives | — |  |  | 4 |  |  | 4 |  |  | 9 |  |  | 11 |  |  | 20 |
Total liabilities | $ | 190 |  |  | $ | 31 |  |  | $ | 221 |  |  | $ | 138 |  |  | $ | 177 |  |  | $ | 315 |
| September 30, 2018 |  | December 31, 2017
Fair Value | Assets |  | Liabilities |  | Assets |  | Liabilities
Current | $ | 74 |  |  | $ | 69 |  |  | $ | 84 |  |  | $ | 211 |
Noncurrent | 282 |  |  | 152 |  |  | 264 |  |  | 104 |
Total | $ | 356 |  |  | $ | 221 |  |  | $ | 348 |  |  | $ | 315 |
As of September 30, 2018, all derivative instruments subject to credit risk-related contingent features were in an asset position.
Credit Risk-Related Contingent Features (1) |  |  |  |  |  |  | December 31, 2017
Present value of liabilities subject to collateralization |  |  |  | $ | 15 |
Cash collateral held by third parties or in escrow |  |  |  | 9 |
_____________________________ (1) Based on the credit rating of certain subsidiaries
Gain Loss In Earnings On Ineffective Portion Of Qualifying Cash Flow Hedges Table | The next table presents (in millions) the pre-tax gains (losses) recognized in AOCL and earnings related to all derivative instruments for the periods indicated:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
2018 |  | 2017 |  | 2018 |  | 2017
Effective portion of cash flow hedges |  |  |  |  |  |  |
Gains (losses) recognized in AOCL |  |  |  |  |  |  |
Interest rate derivatives | $ | 26 |  |  | $ | (6 | ) |  | $ | 81 |  |  | $ | (79 | )
Cross-currency derivatives | 3 |  |  | 12 |  |  | (2 | ) |  | 14 |
Foreign currency derivatives | (11 | ) |  | (4 | ) |  | (44 | ) |  | (15 | )
Commodity derivatives | — |  |  | 9 |  |  | — |  |  | 23 |
Total | $ | 18 |  |  | $ | 11 |  |  | $ | 35 |  |  | $ | (57 | )
Gains (losses) reclassified from AOCL into earnings |  |  |  |  |  |  |
Interest rate derivatives | $ | (12 | ) |  | $ | (19 | ) |  | $ | (42 | ) |  | $ | (63 | )
Cross-currency derivatives | (8 | ) |  | 14 |  |  | (26 | ) |  | 18 |
Foreign currency derivatives | (8 | ) |  | (1 | ) |  | (9 | ) |  | (24 | )
Commodity derivatives | — |  |  | 10 |  |  | (5 | ) |  | 13 |
Total | $ | (28 | ) |  | $ | 4 |  |  | $ | (82 | ) |  | $ | (56 | )
Loss reclassified from AOCL to earnings due to discontinuance of hedge accounting (1) | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (16 | )
Gains (losses) recognized in earnings related to |  |  |  |  |  |  |
Ineffective portion of cash flow hedges | $ | — |  |  | $ | 4 |  |  | $ | (3 | ) |  | $ | 4 |
Not designated as hedging instruments: |  |  |  |  |  |  |
Foreign currency derivatives | (10 | ) |  | 5 |  |  | 144 |  |  | (13 | )
Commodity derivatives and other | 2 |  |  | 1 |  |  | 33 |  |  | 7 |
Total | $ | (8 | ) |  | $ | 6 |  |  | $ | 177 |  |  | $ | (6 | )

X
- Definition This element represents a table which sets forth the fair value and balance sheet classification of derivative instruments at the balance sheet date separately for derivative instruments designated as hedging instruments and derivative instruments not designated as hedging instruments. + References No definition available. + Details
Name: | aes_DerivativeAssetsLiabilitiesAtFairValueNetByBalanceSheetClassificationTableTextBlock
Namespace Prefix: | aes_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition This element represents a table which sets forth, by type of interest rate and cross currency derivative, the current and maximum outstanding notional, weighted average remaining term and percentage of variable-rate debt hedged at the balance sheet date, regardless of whether the derivative instruments are in qualifying cash flow hedging relationships. As well as, a table which sets for, by type of foreign currency denomination, the outstanding notionals over the remaining terms of the foreign currency derivative instruments at the balance sheet date, regardless of whether the derivative instruments are in qualifying hedging relationships. + References No definition available. + Details
Name: | aes_InterestRateCrossCurrencySwapandForeignCurrencyDerivativesByTypeTableTextBlockTableTextBlock
Namespace Prefix: | aes_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the effective portion of gains and losses on derivative instruments (and nonderivative instruments) designated and qualifying in net investment hedges recorded in accumulated other comprehensive income (loss) during the term of the hedging relationship and reclassified into earnings during the current period. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4CCC -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL109998896-113959 + Details
Name: | us-gaap_ScheduleOfNetInvestmentHedgesInAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration